Feature Article Central & Eastern Europe Today 3
In March 2023, JBIC signed a memorandum of understanding (MOU) with Romania’s Ministry of Finance and Exim Banca Românească S.A. (EximBank), which included strengthening cooperation to promote direct investment and business expansion by Japanese companies in Romania, and to diversify the Romanian Government’s funding sources.
The MOU is expected to create new business opportunities for Japanese companies in Romania. According to IMAI, “We hope to leverage this MOU for cooperation with EximBank to help Japanese companies develop their business. In addition to manufacturing and software-related industries, Romania still has much room for growth in the fields of energy conservation and renewable energy.”
Top: At the signing ceremony (From left: H.E. Mr. Ovidiu Dranga, Ambassador Extraordinary and Plenipotentiary of Romania to Japan (representing the Ministry of Finance), JBIC Governor Mr. HAYASHI Nobumitsu, EximBank Executive President Mr. Traian Sorin Halalai) / Bottom: Ceremony for the exchange of the MOU held during the Japan-Romania Summit Meeting Photo courtesy of the Prime Minister’s Office website
